CAMAGÜEY.-The province collected for land tax concept during 2017 more than 50 millions of pesos, and there have been distributed up to the date 18 millions, of which 13 correspond to municipal companies. The territories registered in the use of the also called 1 % are Florida, Carlos Manuel de Céspedes, Esmeralda, Sierra de Cubitas, Guáimaro and Camagüey.

The most benefited sectors with the use of this budget are Education, Health, Sports, the proper municipal governments, Food industry, Culture, among others that to a lesser extent have got financing for this concept.

They broke with the collection of the planned for 1 % during 2017 the territories of Minas and Jimaguayú, what demonstrates that although it is part of the fiscal policy of the country there is still no culture on this matter. The municipality of Camagüey only uses 60 % of the incomes.

At the end of March, the province had already collected approximately 14 millions of pesos, which could be better used in the solution of the complaints done by the population. The 1 % of the Land tax for the Local Development was established by the Law No. 113 of the Tax system, with the objective that the companies contributed to the development of the territories where they take root.

Translated by Linet Acuña Quilez